Campus News2 min read2026-01-25

Tinubu Administration Clears Air on NELFUND Loan Repayment Rumor

In a recent statement that has garnered significant attention, the Bola Ahmed Tinubu administration has effectively put to rest rumors regarding the immediate repayment of loans from the Nigerian Education Loan Fund (NELFUND). Thi...

Azeez

Azeez

25 Jan 2026

Tinubu Administration Clears Air on NELFUND Loan Repayment Rumor
Key takeaways
  • In a recent statement that has garnered significant attention, the Bola Ahmed Tinubu administration has effectively put to rest rumors regarding the immediate repayment of loans from the Nigerian Education Loan Fund (NELFUND).
  • This announcement is crucial for the over 800,000 beneficiaries who have relied on these loans to fund their higher education.
  • - The Presidential media aide, Olusegun Dada, emphasized that repayment of loans will not begin until a moratorium period of two years following the completion of the National Youth Service Corps (NYSC) has elapsed.

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